Director Operational Accounting

-

The director of operational accounting will oversee the day to day accounting function for several key accounts within our operations area, including accounts receivable and claims funding.  This role requires a detail-oriented leader with extensive experience in the insurance industry and a strong understanding of accounting principles. The ideal candidate will have a proven track record of managing accounting teams to success. 

Key Accountabilities/Deliverables:

• Oversee operational accounting team, ensuring timely and accurate reconciliation of accounts

• Develop and implement policies and procedures to improve process

• Monitor and analyze receivables aging reports, identifying any related financial impacts

• Coordinate with underwriting and claims departments to resolve billing discrepancies and ensure accurate invoicing.

• Manage the month-end and year-end close processes

• Ensure compliance with regulatory requirements and internal controls.

• Provide regular reports and insights to senior management on receivables performance and trends.

• Lead and mentor team members, fostering a culture of continuous improvement and professional development.

Technical Knowledge and Understanding:

• Attention to Detail: High level of accuracy and attention to detail in financial reporting and analysis.

• Communication: Excellent verbal and written communication skills to effectively interact with team members, senior management, and external stakeholders.

• Problem-Solving: Strong problem-solving skills to address billing discrepancies and other receivables-related issues.

• Collaboration: Ability to work collaboratively with other departments, such as underwriting and claims, to ensure accurate invoicing and resolve issues.

• Experience with Excel (vlookup, pivot tables, macros)

• Demonstrated ability to quickly learn new concepts, processes and applications

• The ability to work with and analyze large quantities of data

Experience:

• Bachelor’s degree in Accounting, Finance, or a related field

• Minimum of 10 years of progressive accounting experience, with at least 5 years in a leadership role.

• Strong knowledge of GAAP and financial reporting standards.

• Excellent analytical, problem-solving, and decision-making skills. 

#LI-Hybrid

-

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.  We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program